January 20, 2023
The Public Utility Commission voted Thursday to make a substantial change to the state’s electricity market in a controversial effort to get the whole system to be more reliable. The agency said it will let the Legislature review its plan …
January 20, 2023
Kinion to Lead Oklahoma Captive Division Oklahoma Insurance Commissioner Glen Mulready announced the appointment of Steve Kinion as the Oklahoma Insurance Department’s new Captive Director. Kinion previously served 13 years as the captive director for the Delaware Insurance Department. Kinion …
January 19, 2023
The Texas Windstorm Insurance Associated (TWIA) board of directors voted Thursday to authorize broker Gallagher Re to pursue $2.92 billion in reinsurance for the 2023 storm season. The TWIA board also voted to establish $4.5 billion as the 1:100 probable …
January 19, 2023
The Texas Windstorm Insurance Association (TWIA) Board is meeting Thursday, Jan. 19 to determine funding for probable maximum loss (PML) for the 2023 storm season. TWIA is statutorily required to purchase enough reinsurance to meet the 1:100 year PML. Last …
January 19, 2023
Relation Insurance Services, Inc. has acquired the assets of Kilgore, Texas-based Laird Insurance Agency. The transaction went into effect on January 3, 2023; terms of the transaction were not disclosed. Laird offers a full range of insurance products including property …
January 19, 2023
YOAKUM, Texas (AP) – A small plane crashed Tuesday while approaching a Texas airport, killing four members of a Tennessee church and leaving the lead pastor injured, authorities and the church said. The single-engine Piper PA-46 crashed in an open …
January 19, 2023
BATON ROUGE, La. (AP) – As Louisiana continues to be plagued by insurance woes, with insurers leaving or going out of business in the hurricane-stricken state, some lawmakers say a special legislative session to address the crisis is imminent. Discussions …
January 18, 2023
Arkansas Governor Sarah Huckabee Sanders announced that she will appoint Michael Mayton to the Arkansas Workers’ Compensation Commission (AWCC). Mayton works as a lawyer in private practice specializing in the defense of employers and insurance carries. He has practiced law …
January 18, 2023
LITTLE ROCK, Ark. (AP) – The family of a man who died from dehydration and malnutrition while being held in a west Arkansas jail filed a federal lawsuit Friday claiming jail staff ignored his medical and mental health needs. Larry …
January 17, 2023
TXOGA Announces New President of the TXOGA Insurance Agency The Texas Oil & Gas Association (TXOGA) has named Neal Carlton as president of the TXOGA Insurance Agency, headquartered in Austin, Texas. Carlton most recently served as vice president of membership …